Oldsmobile Club Of America Inc is located in Eaton Rapids, MI. The organization was established in 1986. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oldsmobile Club Of America Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Oldsmobile Club Of America Inc generated $301.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $333.6k during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THIS ORGANIZATION SHALL BE EDUCATIONAL. OLDSMOBILE CLUB OF AMERICA ("OCA") PROVIDES LITERATURE, ADVISORS, SEMINARS, AND ACTIVITIES TO ASSIST MEMBERS AND THE PUBLIC IN UNDERSTANDING, PRESERVING, RESTORING, AND APPRECIATING VEHICLES BUILT BY OLDSMOBILE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PUBLISH "JOURNEY WITH OLDS", A MONTHLY MAGAZINE FOR APPROXIMATELY 3,700 MEMBERS. THE PROFESSIONALLY EDITED AND AWARD WINNING MAGAZINE IS DESIGNED TO KEEP MEMBERS UP TO DATE ON THE ENTIRE SPECTRUM OF OLDSMOBILING. CLUB MEMBERS AND THEIR CARS ARE HIGHLIGHTED. FACTORY PHOTOS AND SPECIFICATIONS ARE INCLUDED TO HELP MEMBERS WITH RESTORATION WORK. A WIDE VARIETY OF COLUMNISTS AND GUEST WRITERS COVERS THE RANGE OF OLDSMOBILES ACTIVITIES. NO BUYING OR SELLING METHOD FOR OLDSMOBILES CURRENTLY EXISTS THAT IS BETTER THAN THE CLASSIFIED ADVERTISING SECTION IN "JOURNEY WITH OLDS". AND, EACH MEMBER IS ENTITLED TO A FREE MONTHLY AD. "JOURNEY WITH OLDS" IS ONE OF THE MOST RESPECTED PUBLICATIONS IN THE COLLECTOR CAR HOBBY INDUSTRY.
TO SCHEDULE, HOST AND PROMOTE NATIONAL, ZONE, STATE AND LOCAL EVENTS WHERE INDIVIDUALLY OWNED OLDSMOBILE AUTOMOBILES ARE DISPLAYED AND JUDGED. MANY REGIONS HAVE HOSTED THE OLDSMOBILE CLUB OF AMERICA ("OCA") NATIONALS SINCE THE FIRST ONE IN 1972. OLDSMOBILE ENTHUSIASTS TRAVEL CROSS COUNTRY TO ATTEND THESE YEARLY EVENTS. IN ADDITION TO THE YEARLY EVENTS, THERE HAVE BEEN MILESTONES EVENTS TO MARK THE 75TH, 90TH AND 100TH AND 105TH ANNIVERSARY OF GENERAL MOTOR'S OLDSMOBILE DIVISION. THESE EVENTS GIVE OWNERS THE CHANCE TO SHINE UP THE OLDSMOBILES AND DISPLAY THEM FOR COMPETITION. THE EVENTS ARE ALSO ONE OF THE LARGEST OLDSMOBILE SWAP MEETS IN THE COUNTRY. INCLUDED WITH THE EVENTS ARE SEMINARS, DINNERS AND BANQUETS, PLANNED TOURS, SPEECHES AND AWARDS CEREMONIES. THE 2021 NATIONAL MEET HAD APPROXIMATELY 300 OLDSMOBILES ON DISPLAY AND OVER 900 MEMBERS AND FAMILY IN ATTENDANCE. IN ADDITION TO THE NATIONAL MEET, THE OCA ALSO PROVIDES PROMOTIONAL MATERIALS TO SEVERAL REGIONAL, STATE, AND LOCAL EVENTS WHERE INDIVIDUALLY OWNED OLDSMOBILES ARE DISPLAYED IN AN EFFORT TO ATTRACT NEW MEMBERS AND TO CONTINUE TO PROMOTE THE LEGACY OF THE OLDSMOBILE BRAND.
TO PROVIDE LITERATURE, ADVISORS, SEMINARS AND ACTIVITIES TO ASSIST MEMBERS AND THE PUBLIC IN UNDERSTANDING, PRESERVING, RESTORING AND APPRECIATING VEHICLES BUILT BY OLDSMOBILE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Walsh Treasurer | Officer | 0 | $0 |
Sal Barberi President | Officer | 0 | $0 |
Bob Lang Vice-President | Officer | 0 | $0 |
Marcie Ranick Secretary | Officer | 0 | $0 |
Richard Whissel Zone Director | Trustee | 0 | $0 |
Jon Manji Zone Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $7,621 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,621 |
Total Program Service Revenue | $294,119 |
Investment income | $40 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $301,780 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $7,621 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,025 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $26,040 |
Advertising and promotion | $0 |
Office expenses | $797 |
Information technology | $5,500 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $10,561 |
All other expenses | $4,287 |
Total functional expenses | $333,583 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,566 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $48,566 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $48,566 |
Total liabilities and net assets/fund balances | $48,566 |
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